AXTI NASDAQ
Credit Risk of going bust: higher than 89% of companies Debt: 2.3% of company value Bonds: none of note held by US funds details ▾
If the stock fell to about $0.73 (down 99%), AXT, Inc. would be worth roughly what it owes.
Total debt $85.4M against a stock market value of $3.69B.
Distance to default 1.73 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $84.2M (short-term plus half of long-term), stock volatility 156.8%; Altman Z 15.81. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Fremont, CA 94538
US
AXT, Inc. is a company dedicated to the design, development, production, and worldwide distribution of both compound and single-element semiconductor substrates. Leveraging its proprietary vertical gradient freeze technology, the firm manufactures these essential components. Its diverse product range includes indium phosphide substrates, vital for applications like data center connectivity (utilizing light and lasers), 5G communications, fiber optic lasers and detectors, passive optical networks, silicon photonics, photonic integrated circuits, terrestrial solar cells, RF amplification and switching, infrared LEDs for motion control, LiDAR in robotics and autonomous vehicles, and infrared thermal imaging. AXT also provides semi-insulating gallium arsenide (GaAs) substrates, which are critical for Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells. Furthermore, its semi-conducting GaAs substrates find use in LEDs, screen displays, printer head lasers and LEDs, 3D sensing via VCSELs, data center communication using VCSELs, sensors for industrial robotics and near-infrared applications, optical couplers, solar cells, night vision goggles, LiDAR for robotics and autonomous vehicles, and various other laser technologies such as machining, cutting, and drilling. Germanium substrates are another key offering, employed in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photovoltaic cells, infrared detectors, and as carrier wafers for LEDs. Beyond these substrates, AXT supplies high-purity materials including 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, along with pyrolytic boron nitride (pBN) crucibles and pBN insulating parts. The company distributes its products via a direct salesforce in the United States, China, and Europe, alongside independent sales representatives and distributors across Japan, Taiwan, Korea, and other international markets. Established in 1986 as American Xtal Technology, Inc., the company rebranded to AXT, Inc. in July 2000 and is headquartered in Fremont, California.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| LEBLANC LEONARD J | S-Sale | 4,000 | $96.07 | 2026-08-17 |
| LEBLANC LEONARD J | S-Sale | 2,000 | $88.31 | 2026-08-07 |
| Duh Jia-bin | 0 | — | 2026-07-16 | |
| Duh Jia-bin | 0 | — | 2026-07-16 | |
| Liu Tracy | 0 | — | 2026-06-17 |